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The Information Society and the Welfare StateThe Finnish Model$
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Manuel Castells and Pekka Himanen

Print publication date: 2002

Print ISBN-13: 9780199256990

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199256990.001.0001

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Innovation about Innovating

Innovation about Innovating

The Unlikely Innovation System: The State, Corporate Business, Universities, and Hackers

Chapter:
(p.45) Chapter 3 Innovation about Innovating
Source:
The Information Society and the Welfare State
Author(s):

Manuel Castells

Pekka Himanen

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199256990.003.0003

An essential element for a country to attain productivity growth is innovation. This chapter discusses the various strategies that Finland introduced in order to develop its innovation system and achieve economic development. First among these factors is education. The country consistently strives to train more professionals who are competent in the fields of science, mathematics, and technology than any other country. Secondly, the country also prioritizes funding in the research and development of its public and private firms through the initiatives of the Finnish Science and Technology Policy Council. Last but not least the culture of innovation is an important factor, in which creativity is valued towards work.

Keywords:   funding, research and development, economic development, Finland, hacker ethic, innovation system

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